Early Warning System

Regions

East Asia and Pacific

Geographic location where the impacts of the investment may be experienced.

Countries

Indonesia

Geographic location where the impacts of the investment may be experienced.

Specific Location

Blawan Ijen, Bondowoso East Java

Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.

Financial Institutions

US International Development Finance Corporation (DFC)

International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.

Project Status

Proposed

Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.

Bank Risk Rating

Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."

Borrower

PT. Medco Cahaya Geothermal

A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.

Sectors

Energy

The service or industry focus of the investment. A project can have several sectors.

Investment Amount (USD)

Not Disclosed

Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.

Bank Documents

Primary Source

Original disclosure @ DFC website

Updated in EWS Oct 9, 2023

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Project Description

If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

As stated by the DFC, the Project involves development of a 110 MW geothermal project located at Blawan Ijen, Bondowoso East Java in Indonesia. This Project will be developed in stages, referred to herein as units. Unit 1 will include production and injection wells, and associated ancillary facilities, to support a 34 MW powerhouse. The Project plans to expand to 110 MW capacity with a future Unit 2. At this time, however, the Project is only seeking financing for Unit 1.

The key components of Unit 1 include the following:
• Operation facilities including power plant, separator and brine pump, vent station (rock muffler), base camp, office, and car park;
• Drilling and exploration facilities (including four well pad areas, including 6 production wells, 2 injection wells, and one backup injection well), logistics yard, and explosives bunker;
• Access roads (within the Project site); and
• 150 kV transmission line and 83 towers (approximately 28.3 km).

Investment Description

Here you can find a list of individual development financial institutions that finance the project.

US International Development Finance Corporation (DFC)

Investment information not available at the time of disclosure.

Private Actors Description

A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

PT. Medco Cahaya Geothermal is a 100% owned subsidiary of Medco Power Indonesia.

As stated on the company's website, PT Medco Power Indonesia was established in 2004 as an Independent Power Producer and provider of Operation and Maintenance services. Currently, Medco Power owns and operates more than 3,100 MW, spread across 15 locations in Indonesia.

Private Actor 1	Private Actor 1 Role	Private Actor 1 Sector	Relation	Private Actor 2	Private Actor 2 Role	Private Actor 2 Sector
-	-	-	-	PT Medco Power Indonesia	Client	Energy
-	-	-	-	PT PLN Persero	Buyer	Energy

Contact Information

This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

The Project ESIA and Non-Technical Summary will be available for review at:

Kantor Desa Kalianyar (Kalianyar Village Office): Plalangan I, Kalianyar, Kecamatan Ijen, Kabupaten Bondowoso, Jawa Timur 68288
Kantor Desa Bulusari (Bulusari Village Office): Jl.Bulusari No.1, Dusun krajan, RT03 RW01, Desa Bulusari, Kecamatan Kalipuro, Kabupaten Banyuwangi, Jawa Timur, 68455
Kantor Desa Pesucen (Pesucen Village Office): Jl.Mahoni No.1, Dusun Krajan RT01 RW02, Desa Pesucen, Kecamatan Kalipuro, Kabupaten Banyuwangi, Jawa Timur, 68455
Kantor Desa Grogol (Grogol Village Office): Jl.Akasia No.102, Dusun Krajan, RT01 RW01, Desa Grogol, Kecamatan Giri, Kabupaten Banyuwangi, Jawa Timur, 68425
Kantor Kelurahan Giri (Giri Village Office): Jl.Moh. Husni Thamrin No.266, Kelurahan Giri, Kecamatan Giri, Kabupaten Banyuwangi, Jawa Timur 68423

Client - PT. Medco Cahaya Geothermal:

Ahmad Taufik
Phone: +6282376061882
Email: Ahmad.Taufik@contractor.medcoenergi.com
Address: The Energy Building 8th Fl, SCBD Lot 11A, Jl. Jend. Sudirman Kav. 52-53, Jakarta 12190
Website: https://medcopower.co.id/

ACCESS TO INFORMATION

Unlike many other development finance institutions, DFC does not currently have an access to information policy.

Under the United States Freedom of Information Act (FOIA), DFC is obliged to respond to reasonably formulated requests for Agency records. However, DFC may apply exemptions from release to certain types of information and may charge fees in responding to requests. DFC has a designated FOIA officer who is trained in how to respond to requests and implement the law. You can learn more about filing a FOIA request at: https://www.dfc.gov/foia

ACCOUNTABILITY MECHANISM OF THE UNITED STATES INTERNATIONAL DEVELOPMENT FINANCE CORPORATION (DFC)

The Office of Accountability is an independent office that addresses complaints about environmental or social issues related to DFC-supported projects. The office provides communities an opportunity to have concerns independently reviewed and addressed. If you submit a complaint to the Office of Accountability, it may assist you by either seeking to address your problems by facilitating a problem solving dialogue between you and those implementing the project and/or investigating whether the DFC complied with its policies to prevent environmental, social, human rights, and labor harms.

You can find more information about the Office of Accountability at: https://www.dfc.gov/who-we-are/office-accountability